Value Stream Management

Peter Hines, Nick Rich, John Bicheno, David Brunt, David Taylor, Chris Butterworth, James Sullivan

Research output: Contribution to journalArticlepeer-review

122 Citations (Scopus)

Abstract

Value Stream Management is a new strategic and operational approach to the data capture, analysis, planning and implementation of effective change within the core cross-functional or cross-company processes required to achieve a truly lean enterprise. This paper describes the method in detail including a summary of the previous Value Stream Mapping approach and its weaknesses. The new approach involves a strategic review of a business or supply chain's activities, the delimitation of key processes and the mapping of these processes. A description of how to analyze and synthesize these data is followed by a section on an approach to planning strategic and operational change together with a framework in which to do this. The benefits and limitations of the new approach are summarized.

Original languageEnglish
Pages (from-to)25-42
Number of pages18
JournalThe International Journal of Logistics Management
Volume9
Issue number1
DOIs
Publication statusPublished - 01 Jan 1998
Externally publishedYes

Keywords

  • Lean production
  • Supply chain
  • Waste

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